Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Shares Purchased by Financiere des Professionnels Fonds d investissement inc.

Financiere des Professionnels Fonds d investissement inc. raised its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 10.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 458,168 shares of the business services provider's stock after acquiring an additional 43,946 shares during the period. Financiere des Professionnels Fonds d investissement inc. owned approximately 0.10% of Dun & Bradstreet worth $4,096,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. World Investment Advisors lifted its stake in shares of Dun & Bradstreet by 7.5% in the 1st quarter. World Investment Advisors now owns 16,009 shares of the business services provider's stock worth $143,000 after acquiring an additional 1,118 shares during the period. Teacher Retirement System of Texas purchased a new position in shares of Dun & Bradstreet in the 1st quarter valued at about $742,000. Cannon Global Investment Management LLC purchased a new position in shares of Dun & Bradstreet in the 1st quarter valued at about $268,000. CIBRA Capital Ltd purchased a new position in shares of Dun & Bradstreet in the 1st quarter valued at about $8,395,000. Finally, Summit Trail Advisors LLC purchased a new position in shares of Dun & Bradstreet in the 1st quarter valued at about $137,000. Institutional investors and hedge funds own 86.68% of the company's stock.

Analyst Upgrades and Downgrades

DNB has been the subject of a number of research analyst reports. Wall Street Zen initiated coverage on shares of Dun & Bradstreet in a report on Wednesday, May 21st. They issued a "hold" rating for the company. Jefferies Financial Group restated a "hold" rating and set a $9.15 target price (down from $11.00) on shares of Dun & Bradstreet in a report on Tuesday, March 25th. Raymond James Financial downgraded shares of Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a report on Friday, June 13th. Finally, Needham & Company LLC restated a "hold" rating on shares of Dun & Bradstreet in a report on Friday, May 2nd. Eight analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $11.86.

Dun & Bradstreet Trading Up 0.1%

Shares of NYSE DNB traded up $0.01 during midday trading on Monday, reaching $9.11. 1,630,805 shares of the stock were exchanged, compared to its average volume of 6,315,572. The company has a market capitalization of $4.07 billion, a P/E ratio of -182.20 and a beta of 1.12. Dun & Bradstreet Holdings, Inc. has a 52-week low of $7.78 and a 52-week high of $12.95. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.06. The stock has a 50 day moving average price of $9.02 and a 200-day moving average price of $9.75.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. The business had revenue of $579.80 million during the quarter, compared to the consensus estimate of $578.02 million. Dun & Bradstreet had a negative net margin of 0.88% and a positive return on equity of 11.51%. The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.20 earnings per share. Equities research analysts expect that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Insider Activity at Dun & Bradstreet

In related news, Chairman William P. Foley II sold 2,500,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $8.96, for a total value of $22,400,000.00. Following the sale, the chairman directly owned 5,609,644 shares of the company's stock, valued at approximately $50,262,410.24. This trade represents a 30.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Chinh Chu sold 10,885,403 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the completion of the sale, the director directly owned 23,810 shares in the company, valued at $213,099.50. This represents a 99.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.44% of the stock is currently owned by company insiders.

Dun & Bradstreet Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.